2865 E 2575th Road
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | Listed by Coldwell Banker Real Estate Group | $484,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| May 13, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | Listed by Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) | $499,000 | |
| Listed by Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) | |||
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Welcome to this rare rural property! Enjoy the serenity of 8 acres plus all of the modern amenities. This custom built home is nestled into the earth, creating a unique and cozy living environment. Inside you will find four bedrooms, as well as potential for a fifth in the fully finished basement. The kitchen is equipped with built in oven & microwave, pantry and a commercial grade cooktop that opens up to your living area featuring a stunning dual sided fireplace with custom wood mantel - ideal for hosting family gatherings or entertaining friends. The first floor primary suite offers dual closets, large ensuite bath, sliding glass door and private deck- perfect for enjoying your morning coffee outdoors! The basement has been fully finished with its own bathroom and custom shower. Step outside to explore all three outdoor entertaining areas where you can take in tranquil views from every angle. In addition to this incredible home, there is also an expansive 24 x 39 pole barn complete with concrete flooring, electric service & heater - making it perfect for storage or even an additional workspace. Don't miss out on this amazing opportunity; come see all that awaits at this one-of-a-kind rural property today! The manager has listed the unit size as 2200 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017